Assessing annual returns generated by buy to let properties, the LSL discovered that figures have risen to an astounding 13.3% in March, enabling the average property investor to see returns of £20,580 a year.
Similarly, rents too are believed to be rising at a rate of 0.1% per month, bringing average rents up to £659…
However, despite this rapid growth, UK rents are still 4% (£29) lower per month than they were at their peak in August 2008.
Yet with tenant arrears falling to £227 million in March (10.1% of all rent) – all signs seem to indicate that the buy to let property market is improving and at an exponential rate.
The fact that property advisors are urging commercial property investors to venture into the residential sector is a testament that the buy to let market is on the up.
Latest figures from Curzon Investment Property has shown capital growths of 8.1% for 2009, with the residential market outperforming the broader commercial sector for the third consecutive year.
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Jatinder Singh, Property Mentor DelegateAfter years of watching others earn large capital gains from property, I knew reading about this niche wasn't enough to satisfy my curiosity, I needed to get MY slice of this strong investment vehicle too. That was x years ago and since then I have managed to: invest in 2 properties (one with a £60,000 saving); earn consistent £1,000+ monthly cash flows, and have got a couple more properties waiting in the pipeline. Read more
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